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Increasing advertisement demand and lower newsprint costs drive revenue and profitability for regional newsprint media companies, says CRISIL Rating report
On the other hand, the report added that 2024 might be the first year after a gap of 13 years when print advertisement market share will hold steady over 2 years
The government on Tuesday said it had spent Rs 967.46 crore through the Central Bureau of Communication for publicity of its schemes in the print media from 2019-20 to 2023-24. In a written reply in the Lok Sabha, Information and Broadcasting Minister Anurag Thakur said the Central Bureau of Communication (CBC) releases awareness/publicity campaigns through print media in accordance with the Print Media Advertisement Policy, 2020. "The details of expenditure incurred by CBC, under the Ministry of Information and Broadcasting, on awareness/publicity campaigns about schemes and programmes of the government of India through print media from 2019-20 to 2023-24 (till 12.12.2023) is Rs 967.46 crore," Thakur said. The minister said as of March 31, 2019, 1,19,995 periodicals, including newspapers, were registered with the Registrar of Newspapers for India (RNI). The number was 1,43,423 in 2020, 1,44,520 in 2021, 1,46,045 in 2022 and 1,48,363 in 2023.
Quite fittingly, the sprawling National Gallery of Modern Art (NGMA) in Bengaluru is paying tribute to one of India's legendary master printmakers, 79-year-old Devraj Dakoji. A retrospective that showcases over 600 of this prolific artist's works (which he says he whittled down from 3,000-plus) also highlights a unique problem that India faces Dakoji is its last 'Master Printmaker'. The curating team of the exhibition, which is on till October 10, has traced printmaking in India to when the Portuguese brought the printing press to Goa. One of its earliest highs was when Ravi Varma's popular paintings were printed as oleographs. According to curators, post 1990s, digital technology led to its significant transformation. In recent years, artists like Jyoti Bhatt, Nataraj Sharma, Ravikumar Kashi, Gulam Mohammed Sheikh, Ranbir Kaleka, Baiju Parthan, Pushpamala N, Akbar Padamsee, Rameshwar Broota and Gogi Saroj Pal, to name a few, created interesting visual vocabulary through ...
The print sector has been on the uptrend over the past few months and this is likely to continue on the back of strong advertising revenues, driven by elections, government spending etc.
This will increase the profitability of print media by 10% to 14.5% this year
Sameer Jain's share is believed to account for the media conglomerate's highest revenue-grossing business
Ahead of the Karnataka elections, the Press Council of India on Tuesday advised the print media to follow the norms of journalistic conduct on paid news. In advisories issued here, the Press Council of India (PCI) also cautioned against publication of any news that may appear to predict the results of the elections before the date of poll in Karnataka. Noting that newspapers should not misconstrue or misquote the statements given by any leader, the PCI said the statements quoted in editorial should project the true spirit of what was being tried to be conveyed by them. "Columns of news items which largely indicate names of voters on caste basis and supporters of the candidate of a particular political party, such tenor and manner of presentation of news establish the report to be paid news," it said. Political news published in competing newspapers with similar content strongly suggests such reports to be paid news. Two newspapers publishing the same news item verbatim during elec
India's DB Corp reported a 44.2% fall in quarterly profit as the owner of India's largest Hindi daily was hit by high newsprint prices, sending shares down as much as 9.5%
Crisil said ad revenue will rebound as economic activity improves, given their high correlation, while reopening of offices and people moving back to offices will help shore up subscription revenue
At 468 million unique visitors a month, digital's reach is just a little over half of TV's 892 million.
Sharp cost rationalisation measures and digitalisation of content will lead to a revival in profitability to 9-10 per cent, ratings agency Crisil said
India Ratings and Research on Thursday gave a stable outlook to print media, broadcasters and multi-system operators for FY22
Monetising online readership, a deeper focus on content and getting revenue from the reader are ways to make the business future-proof, they say
Industry body of newspaper media outlets says the practice, which gained steam following lockdown, is in total violation of IPR and is also a threat to society
Digital advertising, says KPMG, will overtake TV advertising for the first time this fiscal, pointing to the priorities of advertisers
The affidavit said: "There is no check on digital media. Apart from spreading venomous hatred, it also causes violence, terrorism, and can tarnish the image of institutions and individuals"
Revenue was two-third lower year on year in June quarter for major players, with 76% plunge in ad revenue, 32% in circulation
India Ratings and Research on Friday opined that the overall 'EBITDA' margin of print media players are likely to shrink 10 per cent on a year-on-year basis in FY21